Liqtech International (LIQT) Operating Expenses (2010 - 2026)
Liqtech International (LIQT) reported Operating Expenses of $2.7 million for Q1 2026, up 15.61% on a YoY basis from $2.3 million in Q1 2025, and up 3.79% quarter-over-quarter from $2.6 million in Q4 2025.
Liqtech International (LIQT) Operating Expenses (2010 - 2026) Analysis & Trends
Liqtech International has reported Operating Expenses for 17 years, with the latest figure at $2.7 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 15.61% year-over-year to $2.7 million; the trailing twelve-month figure through Mar 2026 stood at $9.9 million (up 1.93% YoY), and the FY2025 full-year result was $9.6 million, down 1.84% from the prior year.
- Operating Expenses for Q1 2026 stood at $2.7 million, up from $2.6 million in the prior quarter.
- The five-year high for Operating Expenses was $4.7 million in Q2 2022, with the low at $2.1 million in Q3 2025.
- Historically, Operating Expenses has averaged $2.7 million across 5 years, with a median of $2.6 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 64.39% — and 2023, when it slumped 41.68%.
- Liqtech International's Operating Expenses stood at $2.4 million in 2022, then gained by 7.73% to $2.6 million in 2023, then declined by 13.2% to $2.2 million in 2024, then grew by 15.02% to $2.6 million in 2025, then grew by 3.79% to $2.7 million in 2026.
- The last three Operating Expenses figures came in at $2.7 million (Q1 2026), $2.6 million (Q4 2025), and $2.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Aduro Clean Technologies | 856.39 Bn | 856.36 Bn | - | 3.04 Mn |
| 2 | Veralto | 20.76 Bn | 19.33 Bn | 854.00 Mn | 516.00 Mn |
| 3 | Zurn Elkay Water Solutions | 8.35 Bn | 8.08 Bn | 205.80 Mn | 109.10 Mn |
| 4 | Federal Signal | 7.20 Bn | 7.13 Bn | 179.40 Mn | 72.00 Mn |
| 5 | Ceco Environmental | 3.52 Bn | 3.48 Bn | 63.92 Mn | 56.37 Mn |
| 6 | PureCycle Technologies | 1.57 Bn | 1.47 Bn | - | 31.39 Mn |
| 7 | Energy Recovery | 497.64 Mn | 411.49 Mn | 2.70 Mn | 17.56 Mn |
| 8 | CleanCore Solutions | 210.18 Mn | 193.13 Mn | -419,259.00 | 18.56 Mn |
| 9 | Arq | 118.94 Mn | 114.26 Mn | 9.94 Mn | 10.92 Mn |
| 10 | Liqtech International | 8.96 Mn | 6.15 Mn | 393,744.00 | 2.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.67 Mn |
| Dec 31, 2025 | 2.57 Mn |
| Sep 30, 2025 | 2.08 Mn |
| Jun 30, 2025 | 2.59 Mn |
| Mar 31, 2025 | 2.31 Mn |
| Dec 31, 2024 | 2.24 Mn |
| Sep 30, 2024 | 2.38 Mn |
| Jun 30, 2024 | 2.80 Mn |
| Mar 31, 2024 | 2.32 Mn |
| Dec 31, 2023 | 2.58 Mn |
| Sep 30, 2023 | 2.65 Mn |
| Jun 30, 2023 | 2.77 Mn |
| Mar 31, 2023 | 2.58 Mn |
| Dec 31, 2022 | 2.39 Mn |
| Sep 30, 2022 | 2.39 Mn |
| Jun 30, 2022 | 4.74 Mn |
| Mar 31, 2022 | 3.58 Mn |
| Dec 31, 2021 | 3.65 Mn |
| Sep 30, 2021 | 2.81 Mn |
| Jun 30, 2021 | 2.88 Mn |